We are in a holding pattern on the house. There are a few things that need to be cleared up with the title, so we're waiting on that to set a closing date. Basically, the lady died about a year before the man and her estate was never quite settled. So...they have to get that all straightened out so we can get a clear title. The current guess is that it is going to take about a month to do that.
We had our main inspection, and everything looked pretty good...well...as you would expect for a 47 year old house. There are a few things that need to be done/fixed, but not too much. We also wanted to get an electrician in to give us a price on updating the electrical. We have done that. It's not something that is necessary, but would be good to do. We had planned to do some sort of work on the electrical when we made the offer. Also, as a result of the general inspection, we wanted to have somebody look at the HVAC. That happened Wednesday and we're still waiting on the estimates for what needs to be done. It looks like it's in a little worse shape than we had expected. Depending on the estimate, we may look to add an addendum to the contract to compensate. We'll see.
So...the short and sweet of it is that we're looking at closing at the end of the month if everything can be worked out and moving at the end of July. (Erin, I'm feeling a bit jealous of how smoothly things went for you!) We still think everything is going to work out...just not as quickly as we had hoped.
The good part of this, though, is that I have a little more time to pick out paint colors and make some other general decisions. Well, we'll let you know more when there's more to know.
Friday, June 01, 2007
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